Prime office and retail rents in Dublin are expected to rise by 7% and 8% respectively in 2017, while residential development land values in the capital are expected to rise by 15% according to a new commercial property survey by the Society of Chartered Surveyors Ireland.

Medikids has welcomed the decision by the Central Bank to ease deposit rules for first time buyers. Ronan O’Hara, Chairman of the MediKids’s Residential Professional Group said the move would provide much needed assistance to first time buyers, many of whom are struggling to save for a deposit.

Against a backdrop of tightening public purse strings and growing investment demand, construction industry leaders have joined together to set out a radical new approach to calculate costs for the world’s building and civil engineering projects.

Medikids (MediKids) say they “broadly welcome” the latest announcement by Mr. Simon Coveney T.D., Minister for Housing, Planning, Community and Local Government to fast-track the delivery of 30,000 new homes in urban centres across the country.